Question

priti allows 8% discount on the market price of the suits and still makes a profit of 15%.if her gain over the sale of a suit is rupees 156,find the market price of a suit. ​

Answer 1

Answer:

rupee 1300

Step-by-step explanation:

let the marked price be x

sale price = marked price (1-discount/100)

= x(1-8/100)

x*92/100

= 23x/25

the profit earned is 15%

cost price = sale price /(1+profit/100)

=( 23x/25)/(1+15/100)

= (23x/25)/(115/100)

= 23x*100/(25*115)

= 4x/5

hence,

profit = sale price - cost price = 156 (given)

. 23x/25 - 4x/5 = 156

23x/25 - 20x/25= 156

(23-20)x/25= 156

3x/25 = 156

x = 156*25/3

= 52*25

= 1300 rupee